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March 2020

Greetings,
You are receiving this newsletter with hopes that you find it informative and entertaining.

If you are thinking of making a move, or just curious about the real estate trend in your area, please feel free to contact us any time. It is our pleasure to help you.

Best regards,
Lyle Longridge

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Bank of Canada cuts key interest rate to 0.75%
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Metro vancouver video housing market update
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Latest housing market update and stats pack from FVREB confirm February home sales outpace new listings in Fraser Valley.
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latest housing market update and stats pack from REBGV confirms steady demand and low supply benefits home sellers.
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Latest province wide housing market update from BCREA
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Market Watch - Bank of Canada cuts interest rate
While Canada’s economy has been operating close to potential with inflation on target, the COVID-19 virus is a material negative shock to the Canadian and global markets and Monetary and Fiscal authorities are responding. As a proactive measure, The Bank of Canada lowered its target for the overnight rate by 50 basis points to 1.25% on March 4, 2020. The Bank Rate is correspondingly 1.5% and the deposit rate is 1%.
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Tax Deductions and Credits for Homeowners
Many taxpayers overpay their taxes simply because they fail to claim some of the common deductions and credits they are entitled to. As a homeowner, there are several home tax deductions and credits that you can claim.
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How to Create a Home Office
With so many people working from home these days, a home office has become an essential space in many homes. It's a growing trend where many Canadians are now choosing to work from home. A home office provides flexibility and saves time where people don't need to go on long commutes.
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Using the MLS® to Help Sell Your Home
Selling properties is a long and complex process that requires experience and the right tools. The advent of the information age has provided real estate agents with a very important tool, namely the Multiple Listing Service® (MLS®). All members of local real estate boards have access to the MLS® -- an extensive network of property listings across the country.
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What Should You Look for When Viewing a Home?
When buying a home it is easy to fall in love with a home's appearance, but it is very important to look beyond the window dressing. By playing detective yourself, you can carefully inspect each house you view and eliminate those with too many defects.
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Compliments of
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Lyle Longridge
Associate Broker/Realtor
RE/MAX CREST
lyle@lylelongridge.com
Cell : 604-812-4076

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Know what I want?

More great clients like you! Your referrals are always appreciated.

Lyle Longridge
Realtor/Associate Broker
Longridge Real Estate @ RE/MAX CREST
#1-5050 Kingsway
Burnaby, BC, V5H 4C2

Email us: lyle@lylelongridge.com
Call us : 604-812-4076

 

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